Moldovan citizens living abroad will not be taxed on inheritances or donations they receive, regardless of the amount of time they spend in the country, Minister of Finance Victoria Belous announced.
In an interview with *Ziarul de Gardă*, Belous addressed public concerns arising from the draft fiscal policy for 2027.
“We state with certainty: citizens of the Republic of Moldova who live abroad, whether they are in the Republic of Moldova for a day, two, or a hundred days, will not be taxed. It is not a priority of this Government to tax the inheritance of our citizens,” Belous declared.
According to the minister, Article 20 of the Fiscal Code already establishes that inheritances received by Moldovan citizens are non-taxable sources of income, regardless of whether they reside in the country or abroad. She confirmed that the 2027 fiscal policy draft does not alter this provision.
Confusion regarding the policy stemmed from a proposed amendment to Article 71 of the Fiscal Code, through which authorities intend to tax certain income obtained by non-residents.
“By deduction, only those non-residents who do not hold the citizenship of the Republic of Moldova will be taxed,” the minister specified.
Consequently, a foreign citizen who lives abroad or stays in Moldova for less than 183 days a year would be required to pay tax if they receive an inheritance or donation within the country. Moldovan citizens retain their exemption.
Belous acknowledged that authorities could have communicated the proposed changes more clearly and promised that the final wording of the project would be more explicit.
Regarding foreign nationals, the Ministry of Finance stated that the amendment aims to close a legislative loophole. Currently, foreign citizens who are residents of Moldova are taxed on income from donations and inheritances, whereas a gap exists in the Fiscal Code for foreign non-residents.
“We have cases in the Republic of Moldova where foreign citizens who do not live on the territory of the Republic of Moldova receive donations and inheritances, and we consider—this being also an international practice—that these sources of income must be taxed,” Belous explained.
Additionally, the Minister of Finance outlined where the government expects to generate the most significant additional budget revenues under the modified fiscal policy, pointing primarily to “vices.”
Authorities estimate additional revenues of approximately 1.6 billion lei solely from cigarettes and gambling. Another billion lei is projected to enter the budget through a 10% increase in excise duties, higher excise taxes on diesel fuel, and adjustments to Value Added Tax (VAT).
“The largest receipts will come from vices: gambling, cigarettes, products containing sugar. These are the most essential receipts,” Victoria Belous concluded.
Article and image source: timpul.md
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